Secret plans for ANZ to cut thermal coal mining exposure by 75% by March 2024 have been leaked by internal sources today. 350 Aotearoa campaigner, Claudia Palmer comments on how much further action is needed from the bank.

Yesterday, after a student-led campaign spanning more than five years, the University of Auckland committed to divest from fossil fuels.

Today posters have gone up outside ANZ branches across New Zealand to expose ANZ’s sponsorship of an exclusive oil industry group, ‘The Petroleum Club’. The satirical posters play on ANZ’s recent ad campaigns, replacing the banks’ tagline ‘healthy homes start here’ with ‘the climate crisis starts here’, and feature ANZ’s logo dripping in oil.

Fonterra’s announcement to build no new coal boilers a win for the climate movement

Twelve activists from climate action group 350 Aotearoa have disrupted a Petroleum Club meeting in New Plymouth. The group targeted event sponsors, ANZ, in a bid to highlight the discrepancies between the bank’s public statements on climate change and its support of the fossil fuel industry.

350 Aotearoa takes action calling on a fossil free banking option for Aotearoa

In advance of the Just Transitions Summit in 9 days time, 350 Aotearoa call into question the Government’s new Block Offer in onshore Taranaki, saying “opening up new permits for oil and gas flies in the face of a serious commitment to a just transition.”